Torq Resources Inc. announces that it has obtained a commitment from an arms-length lender to provide a C$3 million two-year credit facility of which $500,000 will be advanced to the Company immediately. Amounts drawn under the facility are subject to 9% pa interest. In consideration for the grant of the facility, the Company has agreed to pay the [...]
Torq Resources Inc. is pleased to announce that two current directors are changing management positions in order to better reflect the expected executive involvement of each person going forward. Shawn Wallace the current Board Chair is being appointed to Chief Executive Officer while Michael Kosowan will assume the office of Vice President of [...]
Torq Resources Inc. , is pleased to announce plans for a follow-up drill program to expand upon the new discovery made at its Margarita Iron-Oxide-Copper-Gold project, where drill hole 22MAR-013R intersected 90 metres of 0.94% copper and 0.84 g/t gold . The follow-up drill program will consist of approximately 4,000 m of reverse circulation [...]
Torq Resources Inc. is pleased to announce the discovery of a new copper and gold sulphide system as a result of its maiden 4,075 metre reverse - circulation drill program at its Margarita Iron-Oxide-Copper-Gold project, located in northern Chile about 65 kilometres north of the city of Copiapo. Drill hole 22MAR-013R intersected 90 m of 0.94 [...]
Torq Resources Inc. is pleased to announce that it has increased and completed its non-brokered private placement, the amended terms of which were announced February 15, 2022, from C$5 million to C$5.28 million through the issuance of 7,033,400 equity units at an offering price of $0.75. The Company intends to use the net proceeds to fund [...]
Torq Resources Inc. , is pleased to announce that it has completed a C$4.5 million first tranche of its $5 million non-brokered private placement of $0.75 equity units, the amended terms of which were announced February 15, 2022. The Company intends to use the net proceeds to fund exploration at the Company's portfolio of projects in Chile, for [...]
Torq Resources Inc. announces that it is has amended the terms of the C$5M non-brokered private placement announced Feb. 1, 2022. The financing security will be a $0.75 unit consisting of a common share and a three-year share purchase warrant, exercisable at $1.10. The warrant is subject to accelerated expiry if the common shares trade above $1.75 [...]
Torq Resources Inc. announces that it is has arranged certain lead investors for a portion of a proposed non-brokered private placement for up to C$5 million from the sale of 6,666,667 Torq common shares at a price of C$0.75 per Share . The Company intends to use the net proceeds from the Placement to fund exploration at the Company's portfolio of [...]
Torq Resources Inc. is pleased to provide an update on the exploration and permitting progress at its Santa Cecilia gold - copper project located in the world-class Maricunga belt in northern Chile, approximately 100 kilometres east of the city of Copiapo . Torq's technical team has conducted an initial geological evaluation of the available [...]
Torq Resources Inc. is pleased to announce that Marie-Hélène Turgeon, who served as a Board observer and advisor for the Company, has now been appointed as a Director. Ms. Turgeon is an ESG advisor with extensive experience working in Latin America. Ivan Bebek, a co-founder and a Director, has retired from his role as a Director, due to conflicts [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Critical and Precious Metals Investor Conference are now available for on-demand [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Critical and Precious Metals Investor Conference on November 10th & 11th. This two-day investor focused Webinar will feature [...]